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Hello Inflation? (M)
Tuesday, February 22, 2011 - 3:21pm | 169Macy's, Inc. (NYSE: M) shares are off a little more than 2% today, despite the legendary department store having reported better than expected earnings this morning. The company said that it will raise prices as input costs rise. For the fourth quarter, Macy's reported earnings of $1.55 per share...
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News Summary
Tuesday, February 22, 2011 - 10:43am | 253Shares of Macy's Inc (NYSE: M) dropped about 1% after the company reported its Q4 profit at $667 million, or $1.55 per share, versus $445 million, or $1.05 per share, in the year-earlier period. The company's sales increased to $8.27 billion from $7.85 billion. Macy's comparable-store sales...
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Macy's, Inc. Reports Q4 EPS of $1.59 vs. $1.52
Tuesday, February 22, 2011 - 9:01am | 90Macy's, Inc. (NYSE: M) today reported significantly improved results for the fourth quarter and fiscal 2010. Earnings were $1.55 per diluted share for the 13-week fourth quarter of 2010, ended Jan. 29, 2011. Diluted earnings per share were $1.59 per share in the fourth quarter of 2010, excluding...
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US Stock Futures Signal Lower Start On Wall Street, Libya Unrest Continues
Tuesday, February 22, 2011 - 7:41am | 350US stock futures are lower this morning as unrest continued in the major oil-producing state of Libya. Futures for the Dow Jones Industrial Average tumbled 100 points to 12,275.00, while those for the S&P 500 index dropped 16.6 points to 1,325.60. Futures for the Nasdaq 100 declined 36 points...
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Earnings Scheduled For February 22 (M, HPQ, MHS, WMT, BKS, MDT, ODP, NRG, HTZ, RSH, HD, CHK, MHK)
Tuesday, February 22, 2011 - 4:19am | 337Macy's Inc (NYSE: M) is projected to report its Q4 EPS at $1.52 on revenue of $8.27 billion. Hewlett-Packard Company (NYSE: HPQ) is estimated to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. Medco Health (NYSE: MHS) is projected to post its Q4 EPS at $0.94 on revenue of $16.65 billion...
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Stocks To Watch For February 22 (HPQ, WMT, M, HD, MDT)
Tuesday, February 22, 2011 - 4:10am | 184Some of the stocks that may grab investor focus today are: Wall Street expects Hewlett-Packard Company (NYSE: HPQ) to report its FQ3 EPS at $1.29 on revenue of $32.95 billion. HPQ shares gained 0.68% to $49.00 in after-hours trading. Analysts are expecting Wal-Mart Stores Inc (NYSE: WMT) to have...
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US Stock Futures Down As Investors Await G-20 Meeting, China Raises Reserve Requirement Ratio
Friday, February 18, 2011 - 7:37am | 431US stock futures are slightly lower this morning, ahead of the 2-day Group of 20 meeting in Paris. The People's Bank of China lifted its reserve requirement ratio for banks by 50 basis points. Futures for the Dow Jones Industrial Average dropped 6 points to 12,282.00, while those for the S&P...
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Stocks To Watch For February 18 (BRCD, CPB, INTU, PGN, JWN)
Friday, February 18, 2011 - 3:34am | 304Some of the stocks that may grab investor focus today are: Brocade Communications Systems Inc (NASDAQ: BRCD) reported its FQ1 profit at $27 million, or $0.06 per share, versus $51 million, or $0.11 per share, in the year-ago period. The company's adjusted income came in at $0.12 per share. The...
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Nordstrom Down More Than 2% On Earnings (JWN)
Thursday, February 17, 2011 - 5:16pm | 105Shares of Nordstrom, Inc. (NYSE: JWN) are down more than 2% in after hours trading despite reporting better than expected earnings. The company reported fourth quarter earnings of $1.04 per share, versus Wall Street estimates of $1.00 per share. Revenues came in line at $2.82 billion. In fiscal...
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Nordstrom Falls After Earnings (JWN)
Thursday, February 17, 2011 - 5:11pm | 77Retailer Nordstrom (NYSE: JWN) released its Q4 earnings results after the closing bell on Thursday. The company reported earnings per share of $1.04 compared to analysts' consensus estimates of $1.00. Revenues came in at $2.82 billion, which was in line with Wall Street consensus revenue estimates...
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Nordstrom to Acquire HauteLook for $180M
Thursday, February 17, 2011 - 5:03pm | 102Nordstrom, Inc. (NYSE: JWN) announced today it has entered into an agreement to acquire HauteLook, Inc.. The Company said the acquisition will enable Nordstrom to participate in the fast-growing private sale marketplace and provide a platform to increase innovation and speed in the way it serves...
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Nordstrom Inc. Reports Q4 EPS of $1.04 vs. $1.00
Thursday, February 17, 2011 - 5:00pm | 50Nordstrom, Inc. (NYSE: JWN) today reported net earnings of $232 million, or $1.04 per diluted share, for the fourth quarter ended January 29, 2011. This represented an increase of 35 percent compared with net earnings of $172 million, or $0.77 per diluted share, for the same quarter last year.
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Citi Comments On 2011 Product Cost Outlook (JCP, JWN, KSS, M, SKS, TGT, WMT)
Thursday, February 17, 2011 - 10:26am | 250Citi is out this morning with a Product Cost Outlook in the retail industries for 2011. In the report, Citi states that import prices have hit an all-time high in January, and predicts that retailers may be able to offset at least 50% of 2011 product cost inflation, that retailers have some leeway...
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US Stock Futures Mixed As Investors Await CPI, Jobless Claims Data
Thursday, February 17, 2011 - 7:30am | 473US stock futures are mixed this morning, as investors are awaiting the data on jobless claims and consumer prices. Futures on the Dow Jones Industrial Average gained 8 points to 12,260.00, while S&P 500 futures dropped 1.80 points to 1,331.20. Nasdaq 100 futures fell 3.50 points to 2,388.50....
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Earnings Scheduled For February 17 (DPS, INTU, PCG, H, APA, DUK, AU, JWN, SJM, ABX, EOG, ECL, WM)
Thursday, February 17, 2011 - 4:14am | 342Dr Pepper Snapple Group Inc (NYSE: DPS) is expected to post its Q4 EPS at $0.64 on revenue of $1.40 billion. Intuit Inc (NASDAQ: INTU) is estimated to post its FQ2 earnings at $0.31 per share on revenue of $886.13 million. PG&E (NYSE: PCG) is projected to report its Q4 earnings at $0.73 per...